29
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$95,000
Est. payment /mo
2,065 SqFt
Active
685 Queen ST E Sault Ste Marie, ON P6A 2A6
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,065 sqft
Price per Sqft $46
Subdivision West
MLS Listing ID X12091980
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Don't miss the opportunity to own well-loved restaurant in Down town area at Sault Ste. Marie, Ontario. Specializing in delicious and nutritious plant-based cuisine, this thriving business is strategically located in a high-traffic street within a vibrant and growing community. Also with LLBO license. With a long-term lease in place, the business offers stability and significant potential for expansion in the rapidly growing plant-based food industry. Additionally, buyers may benefit from government incentives available for businesses in Northern Ontario, providing further financial advantages. Whether you're an aspiring entrepreneur or an experienced restaurateur, this is a rare opportunity to own a thriving business in a market with immense growth potential. Act now to take advantage of this exciting opportunity and be part of the plant-based revolution! **EXTRAS** Food Cost: Approx. 30-32%, Labor Cost: Approx. 21%, NO ROYALTY. RENT 3000 INCLUDING TMI + HST, LONG TERM LEASE.AND Restaurant Can be Rebranded Converted to Any Other Restaurant.
Location
State ON
County Algoma
Community West
Area Algoma
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 26.99
Lot Depth 103.12
Others
Security Features Yes
Listed by HOMELIFE/MIRACLE REALTY LTD